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The Board of Directors of the Bank of Russia voted at its July 24 meeting to lower the key interest rate by 25 basis points to 14%, according to the regulator's official statement. This marks the tenth consecutive meeting at which the central bank has eased monetary policy. Over the past two meetings, however, the pace of easing has slowed to 25 basis points, compared with previ...

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Russia's gold reserves continued to decline in June, reaching their lowest level since early 2020 as the Bank of Russia extended its selling campaign while many other central banks continued to accumulate bullion. According to data released by the Bank of Russia, the country's gold reserves stood at 73.4 million troy ounces as of July 1, 2026. That compares with 73.7 million oun...

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A new public opinion survey conducted by the Public Opinion Foundation (FOM) found that a majority of respondents continue to approve of President Vladimir Putin's work as Russia's head of state, while a similar share said they trust the country's leader. Majority of Respondents Express Approval and Trust According to the survey, 66% of respondents said they approve of Presid...

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Russia's stock market has entered one of its weakest periods in recent years after the Moscow Exchange Index briefly fell below the psychologically important 2,000-point mark for the first time since October 2022. Although the benchmark recovered part of its losses during early trading the following day, market participants say the rebound has done little to change the broader b...

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Russian President Vladimir Putin said Moscow will respond to attacks on Russian territory with substantially greater force while assuring that temporary disruptions to the country's fuel market will gradually be resolved. Putin Promises Stronger Response to Attacks on Russian Territory Speaking during a visit to the Popular Front exhibition titled "Everything for Victory!", w...

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